‎Snapshot of Air Arabia Q2 2026 profit forecast

Source: Argaam - UAE News
Source link: https://www.argaam.com/en/article/articledetail/id/1925777
Published: 2026-08-04 11:37:00
Discovered by ProcIntel: 2026-08-04 15:20:19
Category: GCC Spotlight
Geography: UAE
Organisations: —
Review status: Pending
Record type: REAL

Summary

‎<img src="https://argaamplus.s3.amazonaws.com/372f1585-94f5-412b-89c8-6edf8f638833.png" >Air Arabia logo <hr> Argaam provides an overview in this report of the earnings forecasts for Air Arabia, the first low-cost airline in the Middle East and North Africa, headquartered in Sharjah, for Q2 2026. The report also covers revenue trends, quarterly profits, performance indicators, and profitability. Quarterly Revenue– AED mln <table border="0" cellpadding="0"> <thead> <tr> <th > Item </th> <th > Q2 2025 </th> <th > Q3 2025 </th> <th > Q4 2025 </th> <th > Q1 2026 </th> <th > Q2 2026 (Consensus) </th> </tr> </thead> <tbody> <tr> <td > Revenue </td> <td > 1,692.2 </td> <td > 2,044.7 </td> <td > 2,295.6 </td> <td > 1,800.4 </td> <td > 1,757.1 </td> </tr> <tr> <td > Change (%) </td> <td > +2.2% </td> <td > +14.4% </td> <td > +28.8% </td> <td > +1.2% </td> <td > +3.8% </td> </tr> </tbody> </table> Quarterly Earnings– AED mln <table border="0" cellpadding="0"> <thead> <tr> <th > Item </th> <th > Q2 2025 </th> <th > Q3 2025 </th> <th > Q4 2025 </th> <th > Q1 2026 </th> <th > Q2 2026 (Consensus) </th> </tr> </thead> <tbody> <tr> <td > Net income </td> <td > 349.8 </td> <td > 582.5 </td> <td > 391.1 </td> <td > 248.2 </td> <td > 266.0 </td> </tr> <tr> <td > Exceptional items </td> <td > 0.0 </td> <td > 0.0 </td> <td > 0.0 </td> <td > 0.0 </td> <td > 0.0 </td> </tr> <tr> <td > Net income before exceptional and non-recurring items </td> <td > 349.8 </td> <td > 582.5 </td> <td > 391.1 </td> <td > 248.2 </td> <td > 266.0 </td> </tr> <tr> <td > Recurring EPS (AED/share) </td> <td > 0.07 </td> <td > 0.12 </td> <td > 0.08 </td> <td > 0.05 </td> <td > 0.06 </td> </tr> </tbody> </table> Key Key Key events in Q2 2026 <ul> <li >The company launched direct flights to Amman Civil Airport in Jordan, operating three weekly flights between Zayed International Airport and Amman Civil Airport as of May 1, 2026. This provided passengers with convenient and seamless travel options between the two cities. </li> <li >Air Arabia announced the launch of direct flights between Sharjah and Aleppo, effective July 4, 2026, enhancing presence in Syria. </li> </ul> Average estimates for Q2 2026 Air Arabia is expected to report a net profit of AED 266.0 million in Q2 2026, 24% lower year-on-year (YoY), according to average estimates by four research firms. Consensus estimates – AED mln <table border="0" cellpadding="0"> <thead> <tr> <th > Research Firm </th> <th > Estimate (AED Million) </th> </tr> </thead> <tbody> <tr> <td > United Securities </td> <td > 322.0 </td> </tr> <tr> <td > First Abu Dhabi Securities </td> <td > 275.0 </td> </tr> <tr> <td > Securities Investment Company </td> <td > 252.0 </td> </tr> <tr> <td > Ominvest Capital </td> <td > 214.9 </td> </tr> <tr> <td > Consensus Estimate </td> <td > 266.0 </td> </tr> <tr> <td > Net profit before exceptional and non-recurring items (Q2 2025) </td> <td > 349.8 </td> </tr> <tr> <td > Difference (%) </td> <td > (24%) </td> </tr> </tbody> </table> Share Performance <table border="0" cellpadding="0"> <thead> <tr> <th > Metric </th> <th > Company </th> <th > Market </th> </tr> </thead> <tbody> <tr> <td > Change YTD </td> <td > +8.58% </td> <td > (2.79%) </td> </tr> <tr> <td > Change (last 12 months) </td> <td > +35.29% </td> <td > (3.82%) </td> </tr> <tr> <td > Previous close </td> <td > 5.06 </td> <td > 5,878.49 </td> </tr> <tr> <td > Recurring P/E (x) </td> <td > 15.03x </td> <td > 9.35x </td> </tr> <tr> <td > Recurring EPS (last 12 months) (AED/share) </td> <td > — </td> <td > — </td> </tr> </tbody> </table>

Possibly the same underlying story as Merck cuts 2026 profit forecast on Terns acquisition charges — flagged automatically for review, never merged automatically.

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-04 15:20:19

Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.

geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.

‎Snapshot of Air Arabia Q2 2026 profit forecast

Summary

Procurement Relevance Gate

Initial Signal Assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.